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Compass Appoints Shopify CTO Allan Leinwand to Its Board of Directors

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Compass (NYSE: COMP) has appointed Shopify CTO Allan Leinwand to its Board of Directors, bringing extensive engineering leadership experience. Leinwand, known for his technological vision, has held senior roles at several key companies, including Slack and ServiceNow. His appointment aligns with Compass's commitment to invest in technology that enhances agent productivity. The company, which has over 26,000 agents and is the largest residential real estate brokerage in the U.S., aims to continue its innovative approach in the real estate sector.

Positive
  • Allan Leinwand's extensive engineering experience from top tech firms may enhance Compass's technological capabilities.
  • The appointment signifies Compass's ongoing commitment to technology investment, potentially empowering agents further.
Negative
  • None.
  • The Shopify CTO brings decades of engineering leadership experience to the Company's growing board of directors
  • In addition to Shopify, Leinwand has led engineering teams at several of the world's most transformational companies, including Slack, ServiceNow and Zynga

NEW YORK, May 9, 2022 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced that Shopify CTO Allan Leinwand has been appointed to the company's Board of Directors. One of the most widely-respected leaders in technology, Leinwand brings decades of engineering experience to the Compass board.

"Allan is widely recognized as an engineering visionary who has applied his experience and passion for technology to reducing the barriers entrepreneurs face as they grow their businesses," said Robert Reffkin, Founder, Chairman and CEO of Compass. "One of our core principles at Compass is to 'maximize your strengths' and Allan's strong engineering leadership background will ensure we continue to focus on investing in technology that empowers Compass agents with more time and tools so they can provide great experiences to their clients."

Throughout his career, Leinwand has held a range of leadership positions at transformational technology companies. In October 2021, he joined Shopify from Slack, where he had served as SVP of Engineering since December 2018. Prior to Slack, Leinwand was CTO at ServiceNow, an enterprise cloud company where he oversaw all technical aspects and led the company's long-term technology strategy. Before ServiceNow, he was CTO of Infrastructure at Zynga, where he focused on building one of the largest consumer cloud computing environments used to deliver the company's social games. Earlier in his career, Leinwand was the founding CEO of Vyatta, an open-source networking company, which was eventually acquired by Brocade. Leinwand currently serves on the board of trustees of Harvey Mudd College, is a director of Anaplan, and sits on the advisory boards of Nylas and Bulletproof 360.

"Compass is an innovator in the real estate space much like Shopify has been for commerce," said Leinwand. "Both have created platforms that make it easier for entrepreneurs of any kind to start, run, and grow their business. The continued commitment from Compass to invest in technology for real estate agents makes this an exciting time to join the board."

In less than ten years, Compass has become the largest residential real estate brokerage in the United States.1 The company is home to over 26,000 agents who, powered by the Compass platform, cover nearly half of the United States population.

About Compass
Founded in 2012, Compass is the largest residential real estate brokerage in the United States. The technology-enabled brokerage provides an end-to-end platform that empowers its residential real estate agents to deliver exceptional service to seller and buyer clients. The platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service, brokerage services and other critical functionality, all custom-built for the real estate industry. Compass agents utilize the platform to grow their business, save time and manage their business more effectively. For more information on how Compass empowers real estate agents, one of the largest groups of small business owners in the country, please visit www.Compass.com.

1  T. Velt, "RealTrends 500: The Rise of Compass," RealTrends, Online, HW Media, 3/25/2022, https://www.realtrends.com/realtrends-500-the-rise-of-compass/.

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SOURCE Compass

FAQ

Who has been appointed to the Board of Directors at Compass?

Allan Leinwand, the CTO of Shopify, has been appointed to the Board of Directors at Compass.

What is the significance of Allan Leinwand's appointment to Compass?

Leinwand's appointment brings substantial engineering leadership experience, potentially enhancing Compass's technology focus.

What is Compass's position in the real estate market?

Compass is the largest residential real estate brokerage in the United States, with over 26,000 agents.

What companies did Allan Leinwand work for prior to joining Compass?

Prior to joining Compass, Allan Leinwand held leadership roles at Shopify, Slack, ServiceNow, and Zynga.

What is the main focus of Compass as a company?

Compass focuses on providing technology-enabled services to residential real estate agents to enhance their market effectiveness.

Compass, Inc.

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